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669 PointsSG&A expansion here refers to absolute or relativ? (sg&a)2/Revenue2 - (sg&a)1/Rev1 is absolute, how to calculate relativ
SG&A expansion here refers to absolute or relativ? 10972/141546 - 10763/140546 is absolute rate, how to calculate relativ rate?
1 Answer
Steven Parker
231,060 PointsWhat's "relative" about it is that you are comparing one year to another.
And you have the right formula, but you just plugged in the wrong values from the table. The question is asking for the margin change from Year 2 to Year 3